Member Sign In

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

What would you like to follow?

Nokia Corporation (NOK - Free Report) was recently selected by state-owned telecommunication firm China Mobile Limited (CHL - Free Report) to provide 5G services across the country. The wireless services provider was also entrusted with the job of developing a new optical transport network in China to facilitate improved data center interconnect, consumer broadband services and 4G backhaul due to rapid proliferation of cloud and other 4G mobile services.

Nokia will leverage its 1830 PSS-24x platform to build the optical transport network throughout the country. Powered by Photonic Service Engine technology, this would offer seamless OTN (optical transport network) multilayer switching with high performance optics to meet the rising demands of cloud and 5G services.

Nokia’s dynamic and programmable optical network, which can support virtualization and cloud technologies associated with 5G, is expected to give the perfect competitive edge to China Mobile to drive further business growth. Moving forward, Nokia will help in the transition of global enterprises like China Mobile into smart virtual networks by creating a single network for all services, converging mobile and fixed broadband, IP routing and optical networks with the software and services to manage them.

Leveraging state-of-the-art technology, Nokia is transforming the way people and things communicate and connect with each other. These include seamless transition to 5G technology, ultra broadband access, IP and Software Defined Networking, cloud applications, Internet of Things, as well as security platforms, data analytics, and sensors.

In order to strengthen its leading position in the market, Nokia facilitates its customers to move away from an economy-of-scale network operating model to demand-driven operations by offering easy programmability and flexible automation needed to support dynamic operations, reduce complexity and improve efficiency. Consequently, customers can fulfill end-user demands by provisioning services in real time while automatically making optimal use of networks assets. The company is also continuously expanding its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets.

With a diligent execution of operational plans, Nokia has outperformed the industry with an average return of 12.2% in the last three months against a decline of 7.9% for the latter.

Rollouts of next-generation 5G networks are anticipated to improve market conditions significantly in 2019 and 2020. Nokia’s Networks division is also expected to grow faster than the primary addressable market over the long term.

Ceragon Networks delivered an average positive earnings surprise of 8.3% in the trailing four quarters.

NTT DOCOMO has a long-term earnings growth expectation of 4.9%.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

Zacks Mobile App

Zacks Research is Reported On:

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +25.26% per year. These returns cover a period from January 1, 1988 through December 3, 2018. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Visit performance for information about the performance numbers displayed above.

We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service.